U.S. corn, soybean crops progress slightly ahead of a week ago

The U.S. corn and soybean crops made little growth progress compared to a week ago, according to the USDA report released on Monday.

USDA, in its weekly Crop Progress Report, rated corn at 57% good/excellent, slightly better than 56% from a week ago. Also, 25% of the crop is rated fair, and 18% very poor-poor. The USDA estimated 44% of the corn is in the dough stage, above 42% a year ago. The report showed 97% of the crop was silking, equal to a year ago. About 12% of the corn is in the denting stage, above 10% a year ago.

For soybeans, USDA rated the crop 53% good/excellent, the same as a week ago. Also, 30% of the crop is rated fair and 17% very poor-poor. USDA, reported 72% of the soybeans are setting pods, compared to 72% a year ago. As of Sunday, 93% of the crop was blooming, behind 95% a year ago.

The spring wheat harvest, nearing the halfway point, was rated as 49% complete, significantly ahead of 21% a year ago. The crop is rated 32% good/excellent, 34% fair, and 34% very poor-poor. The winter wheat is 94% harvested.

For cotton, USDA rated it 38% good/excellent, 27% fair, and 35% very poor-poor.

The U.S. corn and soybean crops made little growth progress compared to a week ago, according to the USDA report released on Monday.